NextEra Energy Partners, LP which can be found using ticker (NEP) now have 16 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 95 and 70 suggesting an average Analsyt target price of $84.94. Now with the previous closing price of $61.05 and the analysts are correct then we can expect a percentage increase in value of 39.1%. There is a 50 day moving average of $68.80 and the 200 moving average now moves to $74.77. The company has a market cap of $5,294m. You can visit the company’s website by visiting: https://www.nexteraenergypartners.com
The potential market cap would be $7,365m based on the market consensus.
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.
The company has a dividend yield of 5.31% with the ex dividend date set at 3-2-2023 (DMY).
Other points of data to note are a P/E ratio of 10.88, revenue per share of 14.26 and a 0.48% return on assets.